SAN FRANCISCO, Nov. 17, 2011– Yelp Inc. announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the offering have not yet been determined. A portion of the shares will be issued and sold by Yelp, and a portion will be sold by certain stockholders of Yelp.

Goldman, Sachs & Co. will be the lead bookrunning manager and representative of the underwriters for the offering. Citigroup Global Markets Inc. and Jefferies & Company, Inc. will be joint bookrunning managers, and Allen & Company LLC and Oppenheimer & Co. Inc. will be co-managers for the offering. This offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from Goldman, Sachs & Co. at 200 West Street, New York, New York 10282, Attention: Prospectus Department, by calling (866) 471-2526 or by e-mailing prospectus-ny@ny.email.gs.com; Citigroup Global Markets Inc. at Brooklyn Army Terminal, 140 58th Street, 8th floor, Brooklyn, NY 11220, by calling (800) 831-9146 or by emailing batprospectusdept@citi.com; or Jefferies & Company, Inc. at 520 Madison Avenue, 12th Floor, New York, NY, 10022, Attention: Equity Syndicate Prospectus Department, by calling (877) 547-6340 or by emailing Prospectus_Department@Jefferies.com.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.”

BERKELEY — On Tuesday, July 27, the PBS POV documentary series will air “Presumed Guilty”,a riveting examination of the Mexican judicial system created by UC Berkeley Goldman School of Public Policy doctoral candidates Roberto Hernández and Layda Negrete. In the Bay Area, the film will air at 10:30 p.m. on KQED.

Hernández and Negrete, both attorneys, document their struggle to free a wrongfully imprisoned man and to expose a Mexican criminal justice system that imprisons thousands of other innocent people like him.

PBS says this about the documentary: “Imagine being picked up off the street, told you have committed a murder you know nothing about and then finding yourself sentenced to 20 years in jail. In December 2005 this happened to Tono Zuniga in Mexico Cityand, like thousands of other innocent people, he was wrongfully imprisoned. ‘Presumed Guilty’ is the story of two young lawyers and their struggle to free Zuniga. With no background in film, Roberto Hernández and Layda Negrete set about recording the injustices they were witnessing, enlisting acclaimed director Geoffrey Smith (“The English Surgeon”) to tell this dramatic story.”